A swap is
A) another name for a put option.
B) another name for a call option.
C) an agreement between two or more persons to exchange sets of cash flows over some future period.
D) the name for the replacement of a futures contract by an options contract.
Question 2
According to the IS equation, a change in which of the following will cause a change in output?
A) real interest rate
B) autonomous investment
C) marginal propensity to consume
D) all of the above
E) none of the above